Hello MK5956No, if you cancel your account, you do not keep your website. It is built on our system and cannot be transferred. The most you can do it a site "archive" which will basically just save a copy of any pictures or files you uploaded to the site to keep a copy of them. It will not retain your pages.

If you close your account, your domain would expire when it came up for renewal. Registration fees don't go through on closed accounts. So the account would either need to stay open or the domain would need to be transferred.